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NOTE 5 FAIR VALUE OF FINANCIAL INSTRUMENTS (Detail) - (Table 1) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Financial assets:    
Loans held for sale, at fair value $ 361,144 $ 426,480
Loans - restricted for securitization investors, at fair value 76,649 [1]  
Financial liabilities:    
Match funded liabilities 2,391,832 2,532,745
Carrying Value
    
Financial assets:    
Loans held for sale, at fair value 361,144 [2] 426,480 [2]
Loans held for sale, at lower of cost or fair value 33,987 [3] 82,866 [3]
Loans - restricted for securitization investors, at fair value 76,649 [2]    [2]
Advances and match funded advances 3,405,795 [4] 3,233,707 [4]
Receivables, net 225,011 [4] 167,459 [4]
Financial liabilities:    
Match funded liabilities 2,391,832 [4] 2,532,745 [4]
Other borrowings:    
Secured borrowings - owed to securitization investors, at fair value 73,641 [2]    [2]
Other 2,098,437 [4] 1,096,679 [4]
Total Other borrowings 2,172,078 1,096,679
Carrying Value | Interest Rate Lock Commitments (IRLCs)
    
Fair Value Of Financial Instrument [Line Items]    
Derivative financial instruments (7,064) [2] 5,781 [2]
Carrying Value | Interest rate swaps
    
Fair Value Of Financial Instrument [Line Items]    
Derivative financial instruments    [2] (10,836) [2]
Carrying Value | Forward MBS trades
    
Fair Value Of Financial Instrument [Line Items]    
Derivative financial instruments 18,681 [2] (1,719) [2]
Carrying Value | U.S. Treasury futures
    
Fair Value Of Financial Instrument [Line Items]    
Derivative financial instruments    [2] (1,258) [2]
Carrying Value | Interest rate caps
    
Fair Value Of Financial Instrument [Line Items]    
Derivative financial instruments 176 [2] 168 [2]
Carrying Value | MSRs acquired
    
Fair Value Of Financial Instrument [Line Items]    
Mortgage servicing rights 97,163 [2] 85,213 [2]
Fair Value
    
Financial assets:    
Loans held for sale, at fair value 361,144 [2] 426,480 [2]
Loans held for sale, at lower of cost or fair value 33,987 [3] 82,866 [3]
Loans - restricted for securitization investors, at fair value 76,649 [2]    [2]
Advances and match funded advances 3,405,795 [4] 3,233,707 [4]
Receivables, net 225,011 [4] 167,459 [4]
Financial liabilities:    
Match funded liabilities 2,391,832 [4] 2,533,278 [4]
Other borrowings:    
Secured borrowings - owed to securitization investors, at fair value 73,641 [2]    [2]
Other 2,082,458 [4] 1,101,504 [4]
Total Other borrowings 2,156,099 1,101,504
Fair Value | Interest Rate Lock Commitments (IRLCs)
    
Fair Value Of Financial Instrument [Line Items]    
Derivative financial instruments (7,064) [2] 5,781 [2]
Fair Value | Interest rate swaps
    
Fair Value Of Financial Instrument [Line Items]    
Derivative financial instruments    [2] (10,836) [2]
Fair Value | Forward MBS trades
    
Fair Value Of Financial Instrument [Line Items]    
Derivative financial instruments 18,681 [2] (1,719) [2]
Fair Value | U.S. Treasury futures
    
Fair Value Of Financial Instrument [Line Items]    
Derivative financial instruments    [2] (1,258) [2]
Fair Value | Interest rate caps
    
Fair Value Of Financial Instrument [Line Items]    
Derivative financial instruments 176 [2] 168 [2]
Fair Value | MSRs acquired
    
Fair Value Of Financial Instrument [Line Items]    
Mortgage servicing rights $ 97,163 [2] $ 85,213 [2]
[1] Loans sold into Ginnie Mae guaranteed securitizations that we include in our Consolidated Financial Statements because the transfers of reverse mortgage loans to the trusts did not qualify for sales accounting treatment.
[2] See Note 21 - Related Party Transactions for additional information regarding transactions with Altisource and HLSS.
[3] Measured at fair value on a non-recurring basis.
[4] Financial instruments disclosed, but not carried, at fair value.